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Narada
Kumara

Narada
Kumara

Narada is the Managing Partner of T&K. He is an experienced Indonesian lawyer with practice areas of restructuring & insolvency and disputes resolution. In addition, he also advises clients on mining and natural resources, construction and real estate, and banking and finance matters.

Narada has broad experience in representing clients in resolving complex disputes, including through litigation before the Indonesian courts and arbitration proceedings (including those under the SIAC, HKIAC, ICC, and BANI rules), with clients from various business sectors, among others, private equity, banking and finance, mining, healthcare and pharmaceuticals, environment and natural resources, construction, and real estate. To name a few, Narada had successfully represented a civil engineering and contractor company headquartered in the South Korea (the contractor) as the claimant and award creditor in respect of the BANI arbitration proceedings and its subsequent enforcement proceedings due to a breach of contract dispute (using standard form of FIDIC Pink Book) against the regional agency of the Ministry of Public Works for the bypass expansion project in the Sumatera area worth around IDR62 billion. Narada is also well experienced in assisting clients in the police investigation process.

He also has extensive experience in debt and company restructuring, bankruptcy and suspension of payment litigation and process, and commercial disputes. He has represented both creditors and debtor companies in the bankruptcy and suspension of payment (PKPU) proceedings and out-of-court restructuring process, including in number of most significant bankruptcy and PKPU processes in Indonesia. He also had positive track records, on behalf of the petitionee, in resisting and revoking a PKPU decision issued by the Commercial Court due to the alleged fraudulent PKPU application by the unfriendly creditors.

In project and transactional works, he has represented domestic and international clients in banking and finance transactions, among others, in the loan facility of USD150,000,000 from the largest state-owned bank in the People’s Republic of China to an independent power purchaser (IPP) operating the 2×50 MW coal fired steam power plant; a Rp650 billion committed senior amortizing club term loan facility which supported by set of documents under the ISDA Master Agreement for hedging purposes; and in relation to a loan facility of more than USD300 million (using the APLMA standard format) from one of the top three state-owned banks in Indonesia, to the borrower, one of the largest nickel refining companies in Indonesia which is part of the national strategic project (PSN) stipulated by the Indonesian government.

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In mining and natural resources sector, he has assisted coal, gold, and nickel mining companies, mineral refining / processing companies, independent power plant, forestry, and also the mining services companies in various aspects of the business, including corporate, compliance, environmental, mining rights and acquisitions, legal due diligence, contract negotiation (including coal supply/sale contract), and dispute resolution.

In construction works, he has assisted the clients in preparing and reviewing construction contracts using the standard form of the FIDIC Contracts, for several projects including buildings, highway, and railway. Narada regularly advises and assist domestic and multinational construction services companies and real estate developers regarding their projects in Indonesia. He also has assisted clients in some of high value real estate and property transactions as well as complex land acquisitions, among others for the construction and development of various types of buildings in several regions in Indonesia.

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During his career, Narada has received several accolades from the legal industry:

  • Asia 40 under 40 by Asian Legal Business (ALB), 2024
  • Finalist Dispute Resolutions Lawyer of the Year, 2024 by Asian Legal Business (ALB)
  • Hall of fame: Law firm Partners’ from foremost Indonesian Law School’s 2023-2024 by Hukum Online
  • Rising Star – Indonesia, by the Asian Legal Business 2021
  • Finalist for the young lawyer of the year – the ALB Indonesia Law Awards, for two consecutive years 2020 – 2021
  • Rising Star Lawyer in Restructuring & Insolvency and Dispute Resolution & Litigation by the Asialaw Leading Lawyers 2018 and Asialaw Profiles 2019

Narada has been admitted to practice before the Indonesian courts and is also member of the Indonesian Bar Association (PERADI). He is also qualified as the administrator and receiver/trustee in bankruptcy/insolvency (pengurus dan kurator) for restructuring and insolvency process in Indonesia. Effective June 2024, Narada has been appointed as a member of the Audit Committee at PT Arita Prima Indonesia, Tbk.

Narada graduated cum laude with a Bachelor of Laws degree from the Faculty of Law of Padjadjaran University.

 

We are happy to answer any questions you may have.